ETF profile for Direxion Daily Avgo Bull 2X ETF (AVL) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
AVL ETF Profile
| Family: |
Direxion Shares |
| Name: |
Direxion Daily AVGO Bull 2X ETF |
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| Inception Date: |
10-Oct-2024 |
| Termination Date: |
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| Investment Objective: |
The Direxion Daily AVGO Bull 2X ETF seek daily investment results, before fees and expenses, of 200% of the performance of the common shares of Broadcom Inc. (NASDAQ: AVGO). Broadcom Inc. is an American multinational designer, developer, manufacturer, and global supplier of a wide range of semiconductor and infrastructure software products. Broadcom's product offerings serve the data center, networking, software, broadband, wireless, storage, and industrial markets. The fund invests in the securities of AVGO and financial instruments, such as swap agreements and options, that, in combination, provide 2X daily leveraged exposure to AVGO, consistent with the Fund's investment objective. The financial instrument in which the Fund most commonly invests is swap agreements which are intended to produce economically leveraged investment results. The Fund will enter into one or more swap agreements with major global financial institutions whereby the Fund and the global financial institution will agree to exchange the return earned on an investment by the Fund in AVGO that is equal, on a daily basis, to 200% of the value of the Fund's net assets. |
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| Prospectus |
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| Top 10 Holdings |
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| Derivatives offset |
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-170.7740% |
| AVGO SWAP ASSET LEG |
|
85.6359% |
| AVGO SWAP ASSET LEG |
|
48.1219% |
| AVGO SWAP ASSET LEG |
|
37.0160% |
| DREYFUS TRSRY SECURITIES CASH MGMT |
X9USDDTP3 |
35.4946% |
| GOLDMAN FINL SQ TRSRY INST 506 |
|
34.4872% |
| BROADCOM INC |
AVGO |
19.6667% |
| DREYFUS GOVT CASH MAN INS |
|
10.3515% |
| AVGO SWAP ASSET LEG |
|
0.0001% |
| AVGO SWAP ASSET LEG |
|
0.0001% |
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Top 10 Holdings Weight: |
100.0% |
| Number of Holdings: |
10 |
| Shares Outstanding: |
7,725,001 |
| Total Net Assets: |
260,023,536 |
| NAV: |
33.68 |
| Net Expense Ratio: |
1.00% |
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| Asset Class: |
Equities (Stocks) |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
US |
| Region: |
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| Strategy: |
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| Currency: |
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| Commodity: |
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| Sector: |
Technology |
| Industry: |
Semiconductor |
| Dividend Type: |
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| Tax Exempt State: |
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| Maturity Duration: |
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| Market Cap: |
Large Cap |
| Credit Quality: |
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| Mortgage Bond Types: |
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| Bond Type: |
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| Gov't Bond Types: |
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| Reit Type: |
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| Leverage Direction/Factor: |
Leveraged (2x) |
| Is Currency Hedged: |
No |
| US or Ex-US: |
Domestic |
